Monday, January 25, 2010

Indraprastha Gas Ltd.

Entry Price: Rs.144Target Price: Rs.161EPS: 15.4 (FY10E)P/E: 9.4 on FY10E EPSTime Duration: At least one yearRationale: Promising business model, robust growth in CNG vehicles and PNG customers in NCT of Delhi, timely expansion plans and low industry competition provides a long term & stable visibility to company’s future performance and growth trajectory. However, due to the supply side pricing constraints, margins are expected to remain under pressure.

No comments:

The Sunday Indian School of Journalism

IIPM B School

Followers

About Me

IIPM is a Best B-School. It is a institute of business management. Its full name is The Indian Institute of Planning and Management. Founded in 1973, The Indian Institute of Planning and Management (IIPM) has grown to become one of the most respected business schools in South Asia.